The move is said to ensure that Chase customers can continue to connect safely to a wide range of financial services. The companies explained that the renewed deal formalises pricing structures and outlines commitments by both companies to provide consumers with secure, reliable, and consistent access to their banking data. It also includes provisions for…
Read more
Built on Microsoft Azure, the DMI platform is designed to streamline the full asset lifecycle, from issuance and tokenisation to distribution, settlement and servicing, while remaining interoperable with both distributed ledger technology and traditional financial systems. Private funds are said to be the first asset class to benefit, with LSEG planning to expand to others. …
Read more
Under the agreement, SBI will subscribe for 390,000 new Ridge-i shares via a third-party allotment and, through its subsidiary SBI Securities, acquire 584,000 shares from Ridge-i chief executive Takashi Yanagihara. These shares will subsequently be transferred to SBI on 30 September. Ridge-i, which operates alongside subsidiary Star Music Entertainment, develops custom AI solutions and digital…
Read more
The news was unveiled at Stripe Tour Sydney, where the firm also highlighted its advances in artificial intelligence and stablecoin-based services. The firm said Stripe Capital will provide small and medium-sized businesses with pre-approved financing directly through the Stripe platform, using payments data to assess eligibility. Approved funds are typically available within one to two…
Read moreThe move follows a $23 million funding round led by Accel and the company’s recent expansion into Mexico. OpenFX said its entry into Brazil would ease the friction businesses face when trading internationally, where settlement delays, high transaction costs and opaque pricing remain common despite the success of domestic systems such as PIX. “Brazil has…
Read more
The move is said to be aimed at modernising the country’s financial system. The collaboration will see LSEG deploy integrated platforms to support foreign exchange trading, interbank liquidity management, domestic open market operations and market surveillance. All services will be delivered through LSEG Workspace, providing secure and transparent access for the central bank and authorised…
Read more
The fintech group said the total volume processed on the platform reached $5.9 trillion over the month, making DLR the world’s largest institutional system for settling tokenised real assets. The platform uses distributed ledger technology to improve liquidity management, reduce costs and accelerate collateral flows. “As firms continue to embrace technology to drive digital transformation,…
Read more
The Digital Wallet Guardian Partnership is said to bring together Ant International, AlipayHK in Hong Kong and Malaysia’s TNG eWallet. The collaboration is expected to focus on technology innovation, knowledge-sharing and stakeholder engagement, with initiatives ranging from AI-driven fraud prevention to consumer awareness campaigns. In its first phase, the partnership will roll out Alipay+ EasySafePay…
Read more
The company said in a release on Tuesday that the move is aimed at expanding its capabilities across participant onboarding, engagement and analytics. The financial technology group said the combination would strengthen its ability to support record keepers, advisers, asset managers and insurers with more personalised tools for retirement plan participants. iJoin’s services include data…
Read more
The move is said to be aimed at reducing friction in online transactions and addressing the high rate of cart abandonment. Paze enables consumers to pay online using credit and debit cards already linked to participating banks and credit unions, without the need to manually input card details or create a new account. The system…
Read more